Common use of Purposes and Powers of the Company Clause in Contracts

Purposes and Powers of the Company. The Company is organized for the general purposes of (i) operating an accountable care organization in Southeast Michigan, (ii) engaging in other activities in connection therewith which are necessary or beneficial to the Company and (iii) engaging in any other lawful business activity permitted under the Act consistent with the foregoing. To that end, the Company, subject to the terms of this Agreement, may enter into any kind of activity and to perform and carry out contracts of any kind necessary to, or in connection with, or incidental to the accomplishment of, the purposes of the Company, so long as said activities and contracts may be lawfully carried on or performed by a limited liability company under the laws of the State of Michigan.

Appears in 4 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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